Cryptocurrencies have come a long way since the time the first currency, Bitcoin, saw the light of the world. A whole new avenue opened up for the finance world, and people from every walk of life started showing more and more interest in the domain of cryptocurrencies. These little digital currencies have gone mainstream, and today we have a hoard of other currencies besides the all-time market reigning, Bitcoin. At the beginning of 2017, Bitcoin had a market value of over $1,000 per coin price point. However, years later, in 2021, the value for the same is about $50,000. Therefore, it is clear that cryptocurrencies, despite the volatilities in the market, have immense scope to offer to investors. It is, thus, not without a reason that more people are now inclined towards investing and trading in these digital currencies. Now, whether Bitcoin shall continue to enjoy the same popularity months later is a contentious issue. However, anyone with even the slightest interest in trading in cryptocurrencies might want to learn how to do the same.
One thing that makes it possible for people who have no prior experience with investment and trading to buy, sell and invest in cryptocurrencies is a range of mobile apps. Developers are still working ceaselessly to come up with apps that can help anyone understand the dynamics of cryptocurrencies and deal with them in ways they deem fit. In this article, we shall talk about the ways in which you can buy or sell cryptocurrencies on an iPhone or a MacBook. The iPhone’s and MacBook’s operating system is perhaps the very best, especially when we talk about security. Therefore, it makes sense that many people with an iPhone or a MacBook at their disposal would want to use them to the best of their abilities. Thus, without any further ado, let us have a look at these apps and also learn the basics of cryptocurrencies so that you know what you are signing up for.
A cryptocurrency is a digital currency or asset that you can use to make anonymous, secure and super quick transactions in exchange for goods and different services. The transactions are recorded on an electronic ledger which is known as the ‘blockchain.’ It is this blockchain technology that makes the transactions secure and private. Hackers cannot easily hack into the blockchain and steal sensitive information. Any piece of information that goes into the blockchain is entirely immutable, and therefore, secure. The blockchain technology is not backed by any physical object or fiat currency and is neither overseen by any centralized body. This is what makes the domain of cryptocurrencies so lucrative for investment and transactions.
Trading Crypto on an iPhone and MacBook:
Now that we have learnt the basics of cryptocurrencies and the principles on which they function, let us look at the ways in which you can trade crypto on your iPhone or MacBook. As we said, there are a number of apps available on the market that make crypto trading easy, even for those who have no experience with the same. Once you read articles like how can I unlock my apple id, and know how to use your MacBook and iPhone optimally, you can use these apps to go about your crypto trading endeavors. Let us look at what these apps or platforms are and how you could use them.
This app is one of those few peer-to-peer payment platforms that allow users to purchase cryptocurrencies and hold the same. Of course, there are a number of other apps and platforms like Robinhood that can help you do the same. However, what sets Cash aside from the rest of them is that it has an incredible mobile-friendly interface that shall not require users to spend all their time learning how to use the app. Users of this app can also withdraw their cryptocurrencies as and when they deem fit. If you are an amateur in the crypto space and want to get the hang of dealing with cryptocurrencies, Cash is the best app for you.
The second app that we have for you is Coinbase. Coinbase is probably one of the more longer-running crypto trading apps that is widely used and trusted by traders and investors. It has managed to avoid controversies and glitches since the time it started operating, and this is what makes it one of the best choices for crypto trading. Coinbase is incredibly simple to use. You only need to set up an account and add your funding source to it. You can also avail the Coinbase Pro membership if you are a seasoned crypto trader and are looking for more ways to branch out in the domain.
The final app that Mac and iPhone users can use for trading crypto is Binance. Binance was launched sometime in 2017 and resembles Coinbase in many ways. Binance emphasizes trading lesser-known cryptocurrencies as well. Therefore, if you are looking to trade something other than Bitcoin, Binance might be the best app to get started with. Plus, Binance also provides purchase support for more than 50 cryptocurrencies, and this is something that Coinbase does not offer at present.
The apps that we have mentioned in this article are some of the best ones on the market and can be used without any glitch on your iPhone and MacBook. There are a number of other apps that you can look up and check if they suit your crypto trading requirements. However, if you want to start somewhere and branch out eventually, these apps might be good picks for you.